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Commodity demand to receive huge support: HSBC

Commodity demand could receive significant support in coming years if India's infrastructure investment ramps up, given current very low usage of hard commodities, HSBC says

May 28, 2014 5:11 IST | India Infoline News Service
The election of Narendra Modi has instilled more optimism about India's growth prospects than in many years, with an electoral landslide giving him a strong mandate to govern, HSBC Global Research said.

India's infrastructure and housing stock is poor by global standards and in need of significant investment

Commodity demand could receive significant support in coming years if India's infrastructure investment ramps up, given current very low usage of hard commodities.

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